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    All Forums | Investments

    POZN APPROVED!!!!!!!! Long calls for April, may and June

    accventures
    wallstreetcappers
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    Posts: 11
     
    accventures
    accventures
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    Posted: Apr. 15, 2008 - 9:36 PM ET #1

    FINALLY!!!!!
     
    Now the waiting game starts on what the price will be after us longs have weathered this LONG FDA delay!
     
    Approval hit the wires in London at about 8:45 p.m. EST.
     
    Long about 30 calls divided evenly between April and May 15's and June 17.50's.  Hope for a POP and then short squeeze. 
     
    Hope it was worth the wait!
    Reply
    To remove first post, remove entire topic.
    FINALLY!!!!!
     
    Now the waiting game starts on what the price will be after us longs have weathered this LONG FDA delay!
     
    Approval hit the wires in London at about 8:45 p.m. EST.
     
    Long about 30 calls divided evenly between April and May 15's and June 17.50's.  Hope for a POP and then short squeeze. 
     
    Hope it was worth the wait!
     
    accventures
    accventures
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    Posted: Apr. 15, 2008 - 9:37 PM ET #2

    POZN not approved......Treximet approved!  Sorry...too excited!
    Reply
    POZN not approved......Treximet approved!  Sorry...too excited!
     
    accventures
    accventures
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    Posted: Apr. 15, 2008 - 9:39 PM ET #3

    5.8 mm shares short (21.6% of float) as of last month.........nice.
    Reply
    5.8 mm shares short (21.6% of float) as of last month.........nice.
     
    wallstreetcappers
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    Posted: Apr. 15, 2008 - 10:05 PM ET #4

    acc,

    Congrats, but you werent long April calls last I checked, they were March right?

    Or did you roll out and not post?

    Last I recall you were long March 17.50 calls.

    Not sure what this does for the stock, if they run it heavy tomorrow I will buy puts/short because I think the window of opportunity was lost last fall and the chance it turns into a large revenue winner for the company is nearly gone.


    Reply
    acc,

    Congrats, but you werent long April calls last I checked, they were March right?

    Or did you roll out and not post?

    Last I recall you were long March 17.50 calls.

    Not sure what this does for the stock, if they run it heavy tomorrow I will buy puts/short because I think the window of opportunity was lost last fall and the chance it turns into a large revenue winner for the company is nearly gone.


     
    wallstreetcappers
    wallstreetcappers
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    Posted: Apr. 15, 2008 - 10:07 PM ET #5

    Make that March 15 calls

    LINK

    So what is your basis on the calls since those expired worthless and you were HEAVY them before?

    Just curious.
    Reply
    Make that March 15 calls

    LINK

    So what is your basis on the calls since those expired worthless and you were HEAVY them before?

    Just curious.
     
    accventures
    accventures
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    Posted: Apr. 15, 2008 - 10:09 PM ET #6

    I am down about $1,000 probably give or take in the POZN experiment dating back to last June or so.
    Reply
    I am down about $1,000 probably give or take in the POZN experiment dating back to last June or so.
     
    accventures
    accventures
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    Posted: Apr. 15, 2008 - 10:11 PM ET #7

    wall......I just fucked up.....can you delete my post with the positions in it????
    Reply
    wall......I just fucked up.....can you delete my post with the positions in it????
     
    accventures
    accventures
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    Posted: Apr. 15, 2008 - 10:40 PM ET #8

    thank God!
    Reply
    thank God!
     
    accventures
    accventures
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    Posts: 33235
    Posted: Apr. 15, 2008 - 10:45 PM ET #9

    Wall....covers-help just took care of it for me!
     
    I had my positions in POZN posted in this thread and if you clicked on the damn symbol, it went right in to my brokerage account!!!!  Christ!!!!!
     
    All fixed now!
    Reply
    Wall....covers-help just took care of it for me!
     
    I had my positions in POZN posted in this thread and if you clicked on the damn symbol, it went right in to my brokerage account!!!!  Christ!!!!!
     
    All fixed now!
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Apr. 15, 2008 - 11:13 PM ET #10

    Sorry for not being here earlier.

    That is amazing you are only down 1k, what strikes do you have for the options in hand? I got the impression you had like 5-10k in those options and I doubt you ever got a chance to leg out since the stock was never higher than 12 and it was PURE time premium (which was what I tried to tell you at the time, but you didnt want to hear it)

    I hope it goes up for you, I just think they missed the BIG chance when we all got screwed and hit last trip.

    My guess is trades at 14 bucks..I will be watching for sure.


    Reply
    Sorry for not being here earlier.

    That is amazing you are only down 1k, what strikes do you have for the options in hand? I got the impression you had like 5-10k in those options and I doubt you ever got a chance to leg out since the stock was never higher than 12 and it was PURE time premium (which was what I tried to tell you at the time, but you didnt want to hear it)

    I hope it goes up for you, I just think they missed the BIG chance when we all got screwed and hit last trip.

    My guess is trades at 14 bucks..I will be watching for sure.


     
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Apr. 15, 2008 - 11:19 PM ET #11

    I see you posting a ton over there, I am shocked at the lack of buzz regarding the approval.

    BTW, the short interest wont boost the stock much, most of the remaining shorts are in from higher levels from last round and the ones who would bail have been out a long time..the stock has been in the dumper long enough that covering was easy, plus at this level I doubt too many saw the risk/reward to hold..

    10 is much different than 17...
    Reply
    I see you posting a ton over there, I am shocked at the lack of buzz regarding the approval.

    BTW, the short interest wont boost the stock much, most of the remaining shorts are in from higher levels from last round and the ones who would bail have been out a long time..the stock has been in the dumper long enough that covering was easy, plus at this level I doubt too many saw the risk/reward to hold..

    10 is much different than 17...
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